Procore Technologies (NYSE:PCOR) Given New $85.00 Price Target at Guggenheim

Posted by George Bondi on Nov 5th, 2026

Procore Technologies (NYSE:PCOR – Get Free Report) had its price target raised by equities research analysts at Guggenheim from $68.00 to $85.00 in a report released on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. Guggenheim‘s price objective points to a potential upside of 8.71% from the stock’s current price.

A number of other equities analysts have also weighed in on the company. Barclays increased their price target on Procore Technologies from $60.00 to $62.00 and gave the company an “overweight” rating in a research report on Monday, October 12th. Jefferies Financial Group cut their price objective on Procore Technologies from $95.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, July 21st. DA Davidson set a $56.00 target price on shares of Procore Technologies in a research note on Monday, September 28th. TD Cowen upped their target price on Procore Technologies from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Citigroup reiterated a “market outperform” rating on shares of Procore Technologies in a report on Monday, October 26th. Nineteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Procore Technologies currently has an average rating of “Moderate Buy” and an average price target of $77.95.

View Our Latest Stock Report on PCOR

Procore Technologies Price Performance

Shares of NYSE PCOR traded up $2.59 during mid-day trading on Thursday, reaching $78.19. 3,687,860 shares of the company traded hands, compared to its average volume of 2,864,600. Procore Technologies has a fifty-two week low of $38.03 and a fifty-two week high of $82.32. The stock has a fifty day simple moving average of $56.99 and a 200-day simple moving average of $53.40. The firm has a market cap of $11.88 billion, a PE ratio of -340.90 and a beta of 0.75.

Procore Technologies (NYSE:PCOR – Get Free Report) last announced its earnings results on Tuesday, November 3rd. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.05. Procore Technologies had a positive return on equity of 2.59% and a negative net margin of 2.31%. The business had revenue of $402.31 million during the quarter, compared to analysts’ expectations of $384.38 million. During the same quarter last year, the business posted $0.42 earnings per share. The company’s quarterly revenue was up 18.7% on a year-over-year basis. As a group, analysts predict that Procore Technologies will post 0.41 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Benjamin C. Singer sold 3,943 shares of Procore Technologies stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $63.35, for a total transaction of $249,789.05. Following the transaction, the insider owned 86,931 shares in the company, valued at $5,507,078.85. The trade was a 4.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elisa Steele sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $63.00, for a total transaction of $94,500.00. Following the sale, the director owned 58,371 shares in the company, valued at $3,677,373. This trade represents a 2.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 206,885 shares of company stock worth $11,601,918 over the last ninety days. Company insiders own 16.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Procore Technologies during the 2nd quarter worth approximately $300,345,000. Deutsche Bank AG acquired a new stake in Procore Technologies in the 2nd quarter valued at about $114,444,000. Assenagon Asset Management S.A. boosted its stake in shares of Procore Technologies by 95.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 4,398,163 shares of the company’s stock worth $178,653,000 after acquiring an additional 2,146,182 shares during the period. Bamco Inc. NY acquired a new position in shares of Procore Technologies in the second quarter valued at $62,116,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Procore Technologies by 158.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,020,531 shares of the company’s stock valued at $115,170,000 after acquiring an additional 1,240,247 shares during the period. 81.10% of the stock is owned by institutional investors and hedge funds.

Key Procore Technologies News

Here are the key news stories impacting Procore Technologies this week:

Positive Sentiment: Procore reported Q3 adjusted earnings of $0.51 per share, beating estimates of about $0.45–$0.46, and revenue of $402.3 million versus expectations near $384 million. Revenue grew 18.7% year over year, and management said revenue and margins exceeded the high end of its guidance. Procore Q3 2026 results
Positive Sentiment: Analyst actions added momentum: Loop Capital upgraded PCOR from Hold to Buy with a $93 target. Piper Sandler and Cantor Fitzgerald raised their targets to $90 and maintained Overweight ratings; BTIG also raised its target to $90 and kept a Buy rating. Stifel lifted its target to $85. Loop Capital rating Piper Sandler rating BTIG rating
Positive Sentiment: Procore said its AI “digital coworkers” became generally available, offering a potential product-growth catalyst alongside the strong results. Procore Q3 2026 results
Neutral Sentiment: JPMorgan raised its price target from $69 to $74 but retained an Overweight rating; that target is below the $75.62 share price cited in the reports, making its revision less bullish than the other recent targets. JPMorgan price target update
Negative Sentiment: A director sold 7,692 shares for about $419,000. The sale reduced his holdings by 0.85% and was made under a pre-arranged Rule 10b5-1 trading plan, which may lessen its significance as a bearish signal. Director stock sale

Procore Technologies Company Profile

(Get Free Report)

Procore Technologies, Inc provides cloud-based construction management software through its Procore platform. The company’s technology is designed to connect owners, general and specialty contractors, architects, engineers and other construction professionals throughout the project lifecycle.

Procore’s products and services support preconstruction planning, project management, financial management, quality and safety programs, workforce management, construction intelligence and collaboration.